Derailed by Bankruptcy

Life after the Reading Railroad

Business & Finance, Economics, Urban & Regional, Nonfiction, Reference & Language, Transportation, Railroads, History
Cover of the book Derailed by Bankruptcy by Howard H. Lewis, Indiana University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Howard H. Lewis ISBN: 9780253018717
Publisher: Indiana University Press Publication: January 4, 2016
Imprint: Indiana University Press Language: English
Author: Howard H. Lewis
ISBN: 9780253018717
Publisher: Indiana University Press
Publication: January 4, 2016
Imprint: Indiana University Press
Language: English

What happened when the US government stopped investing in railroads and started investing in highways and air travel? By the late 1970s, six major eastern railroads had declared bankruptcy. Although he didn’t like trains, Howard H. Lewis became the primary lawyer for the Reading Railroad during its legendary bankruptcy case. Here, Lewis provides a frank account of the high-intensity litigation and courtroom battles over the US government’s proposal to form Conrail out of the six bankrupt railroads, which meant taking the Reading's property, leaving the railroad to prove its worth. After five grueling years, the case was ultimately settled for $186 million—three times the original offer from the US government—and Lewis became known as a champion defender of both the railroad industry and its assets.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

What happened when the US government stopped investing in railroads and started investing in highways and air travel? By the late 1970s, six major eastern railroads had declared bankruptcy. Although he didn’t like trains, Howard H. Lewis became the primary lawyer for the Reading Railroad during its legendary bankruptcy case. Here, Lewis provides a frank account of the high-intensity litigation and courtroom battles over the US government’s proposal to form Conrail out of the six bankrupt railroads, which meant taking the Reading's property, leaving the railroad to prove its worth. After five grueling years, the case was ultimately settled for $186 million—three times the original offer from the US government—and Lewis became known as a champion defender of both the railroad industry and its assets.

More books from Indiana University Press

Cover of the book Evolution of the American Diesel Locomotive by Howard H. Lewis
Cover of the book Turtles as Hopeful Monsters by Howard H. Lewis
Cover of the book The Bill Cook Story by Howard H. Lewis
Cover of the book French Cinema—A Critical Filmography by Howard H. Lewis
Cover of the book Creatures of Politics by Howard H. Lewis
Cover of the book Elie Wiesel by Howard H. Lewis
Cover of the book Mercury, Mining, and Empire by Howard H. Lewis
Cover of the book The Lake Shore Electric Railway Story by Howard H. Lewis
Cover of the book From Sufism to Ahmadiyya by Howard H. Lewis
Cover of the book Fanfares and Finesse by Howard H. Lewis
Cover of the book Bukharan Jews and the Dynamics of Global Judaism by Howard H. Lewis
Cover of the book Zionists in Interwar Czechoslovakia by Howard H. Lewis
Cover of the book Contributions to Philosophy by Howard H. Lewis
Cover of the book African Art and the Colonial Encounter by Howard H. Lewis
Cover of the book A Daughter of the Land by Howard H. Lewis
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy